NY Judge Rejects SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit

“Indeed, if the SEC is granted permission to file a sur-reply addressing the various common enterprise tests (which were not addressed in any prior pleading), Defendants will need sur-sur-reply to state our position on this new issue,” the letter from Tron’s attorney read. “In other words, the SEC asks for three pages to respond to an issue of its own devise.”